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Previous Day Levels
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KIWI_BUY_AND_SELL

Created on 7/7/2013 3:39:28 AM
THE INDICATOR IN THE MIDDLE OF THE CANDLES MUST CROSS THE OTHER INDICATOR TO SIGNIFIES A "BUY SIGNAL" ADD PARABOLIC SAR X2 SETTINGS PARA (SAR1 SET AT STEP: 0.05, MAXIMUM:0.01COLOR & WHITE) WHICH IS YOUR CANDLE, A DOT WILL APPEAR ABOVE YOU CANDLE WHICH INDICATES A "DOWN CANDLE!" & WHITE DOT UNDERNEATH YOUR CANDLE INDICATING AN "UP CANCLE" PARA SAR2 SETTINGS(STEP:0.005, MAXIMUM 0.2 % COLOR YELLOW WHICH IS YOU TRENDLINE! SO THERE YOU GO TRENDLINE, CANDLE DIRECTION. BUY/SELL & ENTRY/EXIT POINTS WHEN 2 LINES CROSS, TO MAKE THINGS CLEARER IF YOU HAVE A TRADE IN PROGRESS ie "YOUR IN A CURRNET SELLING TRADE" AND A BUY OPP IS COMING UP IN ANOTHER DIRECTION THEN THAT THERE IS YOUR SIGNAL TO EXIT FROM PRIOR TRADE AND ENTER INTO NEW BUY OPPORTUNITY. THE MOVING AVERAGE THAT IS FLOATING IN THE AIR LETS YOU KNOW WHATS HAPPENING WITH THE MARKET DIRECTION POSSIBLE PREDICTION IF YOU READ IT RIGHT, WORKS FOR ME AND ITS BEEN 100% SUCCESS RATE FOR ME AND IM A LEARNER I WAS ONLY INTRODUCED MID JUNE 2013 & STARTED LOOMING FOR MY OWN THING AND CAME UP WITH THIS..... HAPPY TRADING.

This indicator can be used as a signal provider for LOCTrader Expert Advisor.
EURUSD
USDJPY
GBPUSD
USDCHF
 
 
M1
M5
M15
M30
Hourly
H4
Daily
 
 
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Buy Signals

Condition 1

Moving Average 3 Exponential Close
Crosses from Top to Bottom
Moving Average 10 Exponential Close

Condition 3

Moving Average 150 Smoothed Close
Changes from pointing UP to DOWN (Maximum)

Sell Signals

Condition 4

Moving Average 150 Smoothed Close
Changes from pointing DOWN to UP (Minimum)

Condition 2

Moving Average 3 Exponential Close
Crosses from Bottom to Top
Moving Average 10 Exponential Close
 

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This is a custom indicator for Metatrader 4 platform. To use it you need:
  1. Download this indicator and copy into your metatrader experts/indicators folder.
  2. Restart your Metatrader 4 terminal.
  3. Indicator will appear under Custom Indicators section. Attach the indicator on the chart.
Use it at your own risk!
This indicator was created by one of our visitors. You can create your own indicator like this one using your rules and logic.

Also you can use this indicator as a base to create your own. Click to create your own indicator from this one.
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